Telia Company AB (publ) (OTCMKTS:TLSNY) Short Interest Update

Telia Company AB (publ) (OTCMKTS:TLSNY - Get Free Report) was the target of a significant decline in short interest in January. As of January 15th, there was short interest totalling 12,500 shares, a decline of 59.4% from the December 31st total of 30,800 shares. Based on an average daily volume of 169,800 shares, the short-interest ratio is currently 0.1 days.

Wall Street Analysts Forecast Growth

Separately, Barclays downgraded Telia Company AB (publ) from a "hold" rating to a "strong sell" rating in a research report on Wednesday, November 6th.

Telia Company AB (publ) Price Performance

TLSNY stock traded up $0.22 during trading on Friday, reaching $5.94. 56,845 shares of the company were exchanged, compared to its average volume of 57,969. The company has a market capitalization of $11.68 billion, a price-to-earnings ratio of 27.00 and a beta of 0.48. The company has a debt-to-equity ratio of 1.66, a current ratio of 0.91 and a quick ratio of 0.86. The company has a 50-day moving average of $5.59 and a two-hundred day moving average of $5.88. Telia Company AB has a twelve month low of $4.53 and a twelve month high of $6.71.

Telia Company AB (publ) (OTCMKTS:TLSNY - Get Free Report) last announced its quarterly earnings results on Thursday, January 30th. The technology company reported ($0.02) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.05 by ($0.07). Telia Company AB (publ) had a return on equity of 1.90% and a net margin of 5.37%. As a group, equities analysts predict that Telia Company AB will post 0.31 earnings per share for the current fiscal year.

Telia Company AB (publ) Cuts Dividend

The firm also recently declared a dividend, which will be paid on Thursday, February 27th. Stockholders of record on Friday, February 7th will be issued a dividend of $0.0893 per share. The ex-dividend date is Friday, February 7th. Telia Company AB (publ)'s dividend payout ratio (DPR) is presently 86.37%.

About Telia Company AB (publ)

Telia Company AB (publ) provides communication services to businesses, individuals, families, and communities in Sweden, Finland, Norway, Denmark, Lithuania, Estonia, and Latvia. It offers mobile, broadband, television, and fixed-line services; and networking, cloud and security, mobility, enterprise mobile network, contact center, managed mobility services, collaboration solutions, enterprise telephony, Internet of Things (IoT), carrier ethernet, dedicated internet access, wavelengths, IP Transit, dark fiber, and colocation solutions.